5G Fixed Wireless Access Market with COVID-19 Impact Analysis by Offering (Hardware, Services), Operating Frequency (Sub–6 GHz, 24 GHz–39 GHz, Above 39 GHz ), Demography (Urban, Semi-Urban, Rural), Application, and Region – Global Forecast to 2026
The 5G fixed wireless access market was valued at USD 503 million in 2020 and is expected to reach USD 86,669 million by 2026, at a CAGR of 135.9% from 2020 to 2026.
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The growth of the 5G fixed wireless access market is expected to be driven by the increased wireless network capacity and high speed offered by high-frequency millimeter waves. Millimeter waves occupy a relatively unused portion of the electromagnetic spectrum between 30 GHz and 300 GHz, which offers excellent throughput and increased capacity. The 5G fixed wireless access technology provides large bandwidth, high resolution, low interference, cost-efficiency, and high security, as well as enables the development of miniaturized components for use in several commercial applications. 5G fixed wireless access is expanding to fixed communication, medicine, remote sensing, and consumer electronics applications. This includes the use of millimeter waves for IPTV, a prospective replacement of the Wi-Fi Alliance standards (802.11n) and wireless video transmission.
It is possible to achieve data rates up to 10 Gbps with millimeter waves, which enables the transfer of high-definition video files from a PC or laptop to a video monitor or an HDTV screen wirelessly. In December 2019, CommScope (US) announced that it has added support for sub–6 GHz and mmWave 5G new radio wireless connectivity to its NVG558 FWA gateway platform, which will enhance the capability of network operators to deliver triple-play services with the NVG500 series of advanced xDSL, PON, and fixed wireless access gateways.
Additionally, millimeter waves open up the spectrum and reduce the congestion in the existing radio spectrum. Presently, the impact of this driver is medium on the 5G fixed wireless access market but is expected to be high during the forecast period.
COVID-19 has impacted the investments in 5G FWA
The COVID-19 spread has slowed down the investments in 5G fixed wireless owing to delay in 5G rollout plans by telecommunication operators. The commercial sector, which includes hospitality, real estate, and retail, is severely impacted by this pandemic as governments of several countries worldwide have announced complete nationwide lockdowns to contain the spread. This has resulted in the suspension of operations in retail outlets, restaurants, hotels, and construction activities. However, the impact of COVID-19 on 5G used in these sectors is not high as most facilities in these sectors rely on wired communication technologies.
Residential segment has become a key traction for vendor to invest
Currently, the focus of all key vendors in the 5G fixed wireless access market is on targeting residential customers. In 2019, residential users accounted for a major share of 5G fixed wireless access market in terms of value. The residential application segment accounted for the largest size of the 5G fixed wireless access market in 2019, and this trend is expected to continue during the forecast period. This is because network based on 5G fixed wireless access for residential applications use point-to-multipoint radio systems with network capacity of base stations is shared by multiple users.
APAC is projected to account for the largest share in 2026
In terms of value, APAC is projected to account for the largest share in the 5G fixed wireless access market in 2026. The countries in APAC are gearing up to adopt 5G technology. 5G deployments continue to take place in Australia, with all service providers rolling out their 5G networks after having deployed the first commercial 5G network of the country in 2019. China is a key market for 5G in APAC owing to its earlier engagement with 5G than 4G (LTE), as well as easy availability of 5G-enabled devices from several vendors. All these factors promote the higher adoption of 5G in APAC than in other regions of the world.
The breakup of primaries conducted during the study is depicted below:
- By Company Type: Tier 1 – 59 %, Tier 2 – 21%, and Tier 3 –20%
- By Designation: C-Level Executives – 55%,and Managers– 45%
- By Region: North America– 42%, Europe – 33%,APAC– 17% and ROW– 8%
The report segments the 5G fixed wireless access market and forecasts its size, by value, based on region (North America, Europe, Asia Pacific, and RoW), Offering, Operating Frequency, Demography, and Application.
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the 5G fixed wireless access market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
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Key Benefits of Buying This Report
- This report includes market statistics pertaining to the offering, operating frequency, demography, application and region.
- An in-depth value chain analysis has been done to provide deep insight into the5G fixed wireless access market.
- Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
- Illustrative segmentation, analyses, and forecasts for the market based on offering, operating frequency, demography, application and region have been conducted to provide an overall view of the5G fixed wireless access market.
- The report includes an in-depth analysis and ranking of key players.
Table of Contents
1.1 Study Objectives
1.2.1 Inclusions And Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.5 Package Size
1.8 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 1 5g Fixed Wireless Access Market: Research Design
2.1.1 Secondary Data
126.96.36.199 List Of Major Secondary Sources
188.8.131.52 Key Data From Secondary Sources
2.1.2 Primary Data
184.108.40.206 Key Data From Primary Sources
220.127.116.11 Key Industry Insights
18.104.22.168 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 2 Bottom-Up Approach To Arrive At Market Size
2.2.2 Top-Down Approach
Figure 3 Top-Down Approach To Arrive At Market Size
2.3 Market Breakdown And Data Triangulation
Figure 4 Data Triangulation
2.4 Research Assumptions
3 Executive Summary
Figure 5 24 Ghz–39 Ghz Operating Frequency Segment Of 5g Fixed Wireless Access Market To Grow At Highest Cagr From 2020 And 2026 In Terms Of Volume
Figure 6 Semi-Urban Demography Segment To Account Largest Size Of 5g Fixed Wireless Access Market In 2026 In Terms Of Volume
Figure 7 5g Fixed Wireless Access Market In Apac Projected To Hold Largest Share In Terms Of Value In 2026
4 Premium Insights
4.1 5g Fixed Wireless Access Market, 2020–2026 (Usd Million)
Figure 8 Increased Demand For High-Speed Internet Connectivity To Drive Growth Of 5g Fixed Wireless Access Market From 2020 To 2026
4.2 5g Fixed Wireless Access Market, By Application
Figure 9 Residential Segment To Account For Largest Size Of 5g Fixed Wireless Access Market In 2020 In Terms Of Value
4.3 5g Fixed Wireless Access Market In Apac, By Offering And Country
Figure 10 Services Segment And China To Account For Large Shares Of 5g Fixed Wireless Access Market In Apac In 2026 In Terms Of Value
4.4 5g Fixed Wireless Access Market, By Region
Figure 11 5g Fixed Wireless Access Market In Apac To Grow At Highest Cagr From 2020 To 2026 In Terms Of Value
5 Market Overview
5.2 Market Dynamics
Figure 12 5g Fixed Wireless Access Market: Drivers, Restraints, Opportunities, And Challenges
Figure 13 5g Fixed Wireless Access Market Drivers And Their Impact
22.214.171.124 Surged Demand For High-Speed Internet Connectivity And Broad Network Coverage With Reduced Latency And Power Consumption
Figure 14 Global Internet User Growth From 2018 To 2023
126.96.36.199 Increased Adoption Of Advanced Technologies Such As Machine-To-Machine And Internet Of Things
188.8.131.52 Surged Use Of Millimeter-Wave Technology In 5g Fixed Wireless Access
Figure 15 5g Fixed Wireless Access Market Restraints And Their Impact
184.108.40.206 High Infrastructure Costs And Possibility Of Revenue Reduction For Telecommunication Companies
220.127.116.11 Adverse Impact Of Millimeter-Wave Frequency Circuitries On Environment
Figure 16 5g Fixed Wireless Access Market Opportunities And Their Impact
18.104.22.168 Increased Demand For 5g Fixed Wireless Access Networks From Different Industries
22.214.171.124 Surged Demand For Iot And Cloud-Based Services
126.96.36.199 Increased Focus On Development Of 5g Networks
188.8.131.52 Strategic Partnerships Among Platform And Hardware Providers, Mobile Operators, And System Integrators In Emerging Economies
Figure 17 5g Fixed Wireless Access Market Challenges And Their Impact
184.108.40.206 Heat Dissipation In Mimo Systems
220.127.116.11 Compatibility Issues Between Traditional And 5g Networks
18.104.22.168 Inter-Cell Interference
22.214.171.124 Limited Range Of Millimeter Waves
5.3 Impact Of Covid-19 On 5g Fixed Wireless Access Market
5.4 Value Chain Analysis
Figure 18 Value Chain Analysis: 5g Technology Ecosystem
5.4.1 5g Hardware Providers
5.4.2 5g Network Infrastructure And Platform Providers
5.4.3 System Integrators
5.4.4 End Users
5.5 Case Study Analysis
5.5.1 Case Studies Of 5g Deployments
5.6 Investments In Research And Development Activities Related To 5g Technology And Its Field Trials
Table 1 Research And Development Initiatives And Investments By Various Market Players And Governments, 2018–2020
5.7 Average Selling Price Analysis
5.8 5g Ecosystem
5.8.1 Impact Of Covid-19 On 5g Ecosystem
5.8.2 Component Manufacturers
5.8.4 Infrastructure Equipment Manufacturers
5.8.5 Mobile Network Operators
Table 2 5g Subscriber Base In Millions
5.9 5g Patents Analysis
5.10 Technology Analysis
5.11 Market Regulations
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